德勤：中国投资管理行业机会（英文版）(20页).pdf

1、FEATURE Chinas investment management opportunity Reforms could create a multitrillion-dollar market for foreign firms Doug Dannemiller THE DELOITTE CENTER FOR FINANCIAL SERVICES 2 KEY FINDINGS The Chinese government is reforming the countrys pension system, capital markets, and investment management

2、 industry as a part of a bigger plan to curb an anticipated retirement savings deficit. Foreign investment managers have the opportunity to play a greater role in the tightly regulated industry, potentially managing a sizeable chunk of the US$30.2 trillion addressable retail financial wealth by 2023

3、.1 Foreign firms looking to enter the market should develop investor segment-specific strategies, alternative data capabilities, and partner with online wealth platforms to achieve success. Chinas investment management opportunity: Reforms could create a multitrillion-dollar market for foreign firms

4、 3 China: Investment managements next big opportunity With the Chinese government set to eliminate restrictions on foreign ownership of fund management firms in 2020, many investment managers worldwide are eagerly eyeing China as their next big growth opportunity.2 The potential market is vast: By 2

5、023, the countrys total addressable retail financial wealth is expected to reach US$30.2 trillion, with US$3.4 trillion in retail assets under management (AUM) in Chinese publicly registered funds.3 But these market size statisticsenticing as they may bedont guarantee success for any particular firm

6、. The future of investment management in China could largely depend on its prospects for economic growth, the reliability of regulatory reforms, and the spread of cultural changes that accompany individual economic prosperity. Invest- ment managers hoping to expand to China should, therefore, consid